Tow Truck Insurance
Insurance Coverage Built for Towing Companies
Tow Truck Insurance
Towing businesses face risks that most companies never encounter. Your trucks are on the road every day, your drivers are handling customers' vehicles, and one accident or claim can have a significant impact on your operation.
At Allenbrook Insurance, we work with towing and roadside assistance businesses to help find insurance coverage designed around the way they actually operate.
Whether you have one tow truck or manage a growing fleet, we'll take the time to understand your operation, review your coverage needs and help you explore competitive insurance options.
Call (615) 478-1881 to discuss your towing operation.
Tow Truck Insurance Coverage
A towing insurance program can include several different coverages depending on your operation.
Commercial Auto Liability
Liability coverage helps protect your business when an insured tow truck is involved in an accident resulting in bodily injury or property damage to others.
Physical Damage
Physical damage coverage can help protect your tow trucks against covered losses such as collision, theft, vandalism and other damage.
On-Hook Towing Coverage
When you're transporting someone else's vehicle, you have an additional exposure. On-hook towing coverage can provide protection for customers' vehicles while they are being towed or transported by your business.
Garagekeepers Coverage
If customers' vehicles are stored at your location, garagekeepers coverage can help protect those vehicles from covered losses while they are in your care, custody or control.
General Liability
General liability provides protection for certain bodily injury and property damage claims arising from your business operations outside of operating your insured vehicles.
Workers' Compensation
Towing and roadside assistance can be physically demanding work. Workers' compensation can provide benefits for employees who suffer covered work-related injuries or illnesses.
We Understand Towing Insurance
Every towing company is different.
An owner-operator running one rollback locally has very different insurance needs from a towing company with multiple locations, heavy-duty wreckers, roadside assistance vehicles or interstate operations.
When evaluating your towing insurance needs, we'll discuss factors such as:
- Number and type of tow trucks
- Light-, medium- and heavy-duty towing
- Rollbacks, wreckers and service vehicles
- Operating radius
- Interstate operations
- Driver experience and motor vehicle records
- DOT information
- Vehicle storage
- On-hook exposure
- Prior claims and loss history
- Required insurance filings
- Contractual insurance requirements
Understanding these details allows us to approach the insurance market with a clear picture of your operation and look for coverage that fits your business.
Insurance for Towing Operations of All Sizes
Allenbrook Insurance can help a variety of towing and roadside assistance operations, from an owner-operator purchasing a first truck to established companies operating larger fleets.
We can help explore coverage options for:
- Rollbacks and flatbeds
- Wreckers
- Wheel-lift tow trucks
- Heavy-duty towing
- Roadside assistance vehicles
- Service trucks
- Vehicle recovery operations
- Towing companies with storage lots
- Multi-truck fleets
Towing insurance is not a one-size-fits-all market. Carrier appetite can vary significantly based on fleet size, operating radius, loss history, driver experience, interstate operations and required filings. As an independent agency, Allenbrook Insurance can explore multiple insurance markets to help identify coverage options that fit your operation.
Talk to an Agent Who Understands Towing Insurance
Tow truck insurance can get complicated quickly. Different insurance companies have different underwriting requirements, appetites and pricing, and the cheapest policy isn't always the right policy for your operation.
That's where working with an independent insurance agency can help.
At Allenbrook Insurance, you'll have someone you can actually talk to about your business. We'll take the time to understand your towing operation, discuss your current coverage and help determine what insurance options may be available.
Let's Talk About Your Towing Business
Have your current policy available if you have one, give us a call and tell us about your operation.
Call Allenbrook Insurance at (615) 478-1881
We'd be happy to discuss your towing insurance needs.
